OpenAI And Microsoft Drama, What Is Going On With $MSFT?

A mutiny is brewing at OpenAI after the company's board refused to bring back Sam Altman and Greg Brockman – 505 out of 700 employees have asked the company's board to resign.

While Altman has been hired by Microsoft Corp. (NASDAQ:MSFT) now, OpenAI's senior executives, engineers, and researchers are openly voicing their protest now.

The Satya Nadella-led Microsoft is OpenAI's single largest investor, with a 49% stake.

Update: According to veteran journalist Kara Swisher, 505 out of 700 employees have co-signed a letter asking the OpenAI board to resign.

"Your actions have made it obvious that you are incapable of overseeing OpenAI. We, the undersigned, may choose to resign from OpenAI and join the newly announced Microsoft subsidiary run by Sam Altman and Greg Brockman," the letter says.

The letter says Microsoft has assured that there are positions for all OpenAI employees at the new AI subsidiary. They have demanded the resignation of the existing OpenAI board, reinstatement of Altman and Brockman, and appointment of two new lead independent directors, Bret Taylor and Will Hurd.

Interestingly, Ilya Sutskever, who led the firing of Altman and Brockman, has co-signed this letter, too.